MacKenzie Scott Just Keeps Giving, Has Now Donated Over $8 Billion
Good news! As you may recall, last December we posted about how MacKenzie Scott, ex-wife of Jeff Bezos, had donated over $4 billion to charity in the previous four months. Well she hasn’t slowed down, recently announcing a $2.7 billion donation to 286 different organizations. This brings her total donations since her divorce to a staggering $8 billion. It is estimated that her net worth currently sits at $60 billion.
In a blog post titled “Seeding by Ceding” Scott writes,
“Because we believe that teams with experience on the front lines of challenges will know best how to put the money to good use, we encouraged them to spend it however they choose. Many reported that this trust significantly increased the impact of the gift. There is nothing new about amplifying gifts by yielding control. People have been doing it in living rooms and classrooms and workplaces for thousands of years. It empowers receivers by making them feel valued and by unlocking their best solutions. Generosity is generative. Sharing makes more.
A favorite verse by Rumi captures this well:
‘A candle as it diminishes explains,
Gathering more and more is not the way
Burn, become light and heat and help. Melt.'”
A full list of the organizations receiving donations in this round of charity can be found at the bottom of the post as well.